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Sep 27, 2012
09/12
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FBC
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federal government as venture capitalist makes no sense. melissa: venture capitalist their record is not great. they have four companies have gotten money so far. two of them are solyndra and abound solar which have gone bankrupt. other two are solo power we're talking about now getting another loan. there you go, $187 billion in business -- 187 million heading down the path that i don't see how could possibly be successful. this 1336 technologies . what do you know about that one. they are lined up for $150 million loan from you and me. >> that is interesting to watch them. here's what we found, every single instance we're looking at when the federal spigot turns off the companies go belly-up. melissa: right. >> a few years ago all we heard green jobs an renewable energy sector is booming because the federal government pumped in $40 billion in a few short years. you can create the illusion prosperity. the second money is pulled. same thing happening in china. same thing happens in europe. once the money is pulled jobs go belly-up. 50% bank
federal government as venture capitalist makes no sense. melissa: venture capitalist their record is not great. they have four companies have gotten money so far. two of them are solyndra and abound solar which have gone bankrupt. other two are solo power we're talking about now getting another loan. there you go, $187 billion in business -- 187 million heading down the path that i don't see how could possibly be successful. this 1336 technologies . what do you know about that one. they are...
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Sep 27, 2012
09/12
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CNBC
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the public opinion, shock for the government. but i'm confident we'll find our way. there will not be layoffs. we'll find a job for everybody at the end. and what is important that we show the way. and the overcapacity in europe, we cannot be the only one to close a plant. >> of course one of the way to grow is for corporations to prosper. the latest corporation is with with gm tell us about what you're going to do with gm, also venturing perhaps into latin america, brazil is one of the key issues, i think. >> we have to upscale our brands and must share the costs of a number of projects. so to do this i think reliance helps no question. the second is globalization, international development, especially in china, latin america. and we for example in reliance on gm a joint venture global and this will help our globalization. and unless europe, we have to restore profitability. we have some ideas of common projec projects. >> let me focus back on gm. 7% stake now. do you think they will increase that in peugeot? >> well, in the con
the public opinion, shock for the government. but i'm confident we'll find our way. there will not be layoffs. we'll find a job for everybody at the end. and what is important that we show the way. and the overcapacity in europe, we cannot be the only one to close a plant. >> of course one of the way to grow is for corporations to prosper. the latest corporation is with with gm tell us about what you're going to do with gm, also venturing perhaps into latin america, brazil is one of the...
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Sep 27, 2012
09/12
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CNBC
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no, it's not our government doing it. it's us. who's to blame for the shocking number of americans spending twice their annual income? that's next. stay with us. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit of perfection. >>> even in this new era of households, america's lowest earner
no, it's not our government doing it. it's us. who's to blame for the shocking number of americans spending twice their annual income? that's next. stay with us. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. if we want to...
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Sep 26, 2012
09/12
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KGO
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greece these are live pictures from athens, 50,000 people hitting the streets right now, protesting government cutbacks two large unions call the strict today and there is tension between police and protesters, fire and smoke can be seen. you can see it faintly to the right of your screen. also, right now 3,000 police officers are standing guard at the scene of the protest. greece has promised the european union 15 billion dollars worth of spending cuts over the next two years in order to secure aid to avoid a default. protesting anti-austerity measures. >> lower left you can see what appears to be some of those security officers standing in ranks, ready to meet whatever happens there in protest. also that capital building security officers. we'll bring you more. >>> he's hit at least two banks in the south bay. photos that police want you to see to help them nab a bank robber. >>> police are about to get badly needed help. citizens who will be called on to help keep the community safe. >>> hundreds of bay area jobs about to vanish. why the area's number one cable company says it is being forc
greece these are live pictures from athens, 50,000 people hitting the streets right now, protesting government cutbacks two large unions call the strict today and there is tension between police and protesters, fire and smoke can be seen. you can see it faintly to the right of your screen. also, right now 3,000 police officers are standing guard at the scene of the protest. greece has promised the european union 15 billion dollars worth of spending cuts over the next two years in order to...
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Sep 26, 2012
09/12
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CNBC
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they are looking to slow down high speed training, the government approving a draft bill that would impose controls on such trading and critics worry it is excessive. you see the impact of high speed trading. what do you think? should will be rules in germany? should will be rules here? >> there should be rules both places. no doubt about it. a lot is not intended to be jamming the systems but it is and there has to be a payment system and i like the payment system they came up with in germany. >> it is not an issue -- it is an issue of speed, the speed that bothers you, the volume? >> the speed does not bother me. it is the fact potentially they can set up scenario that is unfortunately do cause markets to move in those flash crash type of events and those are awful. we all know that. that's an easy answer. the tough thing is how do you control that speed? i think by controlling that speed you make the folks that are actually trying to run at those speed limits at least have certain qualifications. that's what the german plan is. >> tell me more about the german plan. >> essentially there
they are looking to slow down high speed training, the government approving a draft bill that would impose controls on such trading and critics worry it is excessive. you see the impact of high speed trading. what do you think? should will be rules in germany? should will be rules here? >> there should be rules both places. no doubt about it. a lot is not intended to be jamming the systems but it is and there has to be a payment system and i like the payment system they came up with in...
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Sep 30, 2012
09/12
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CSPAN2
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. >> guest: obviously, functions of government have been big government. but the terms of big government not being moral is the opposite of what it does. it ends up creating the environment where we have less ability to get ahead, it creates dependency, it plays crony capitalism, which hurts career entrepreneurship and opportunity. all the government and what it says it does, helps the poor, make sure that markets on the right direction, they actually do the opposite. they are short-term oriented to the next election. they have their own agenda. they don't respond to the marketplace the way a business should. they have their own agenda in terms of those special interest groups and the like. the bigger they get from them were hardly due to the economy and the less chance that they have to improve your lot in life, as abraham lincoln put it. >> host: is reality a part of capitalism to smack it is the basis of capitalism. contrary to the hollywood cartoon character of business people rubbing their hands in glee at the misery of others, even if you lust for mo
. >> guest: obviously, functions of government have been big government. but the terms of big government not being moral is the opposite of what it does. it ends up creating the environment where we have less ability to get ahead, it creates dependency, it plays crony capitalism, which hurts career entrepreneurship and opportunity. all the government and what it says it does, helps the poor, make sure that markets on the right direction, they actually do the opposite. they are short-term...
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Sep 30, 2012
09/12
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FBC
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so it's another example of how government controls always leads to more government controls. to tracey's point the responsibility of feeding a child, let alone educating the child, rests with the parents, not michelle obama. >> they only lowered the calories by 20 or 30 calories. this is an effort by our government to help kids develop healthy habits, which is not a socialist effort to redistribute calories. >> i don't know, guys. these teenage boys can eat bowls of cap'n crunch, and not gain weight. good to have you on the show. coming up, remember this promise? >> we're going to work with you to lower your premiums by $2500 per family per year, and we will not wait 20 years from now to do it or 10 years from now to do it. we will do it by the end of my first as president. >> well, new numbers are. >> it is time for what do i need to know for next week. tracy? >> promises, promises. president obama said our insurance premiums were going to go down $2500 by the end of his first term? up $2400. >> all righty. todd? >> sam adams oktoberfest hits the stores today. a big winner.
so it's another example of how government controls always leads to more government controls. to tracey's point the responsibility of feeding a child, let alone educating the child, rests with the parents, not michelle obama. >> they only lowered the calories by 20 or 30 calories. this is an effort by our government to help kids develop healthy habits, which is not a socialist effort to redistribute calories. >> i don't know, guys. these teenage boys can eat bowls of cap'n crunch,...
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Sep 26, 2012
09/12
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WTTG
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tens of thousands of people here to protest against the government's austerity measures. but it changed very quickly with the arrival of black dressed protesters carrying gas masks. they also had petrol bombs and engaged the riot police who let off canisters of tear gas. for now, at least, it looks like things have settled right back down. the key thing to remember is, though, this was scheduled to coincide with a voten parliament regarding the latest austerity cuts. that didn't happen today, that's yet to come. the risk is we see the violence today happening again in the next two weeks when parliament finally gets to vote on these measures. for now, though, it is relatively peaceful here. greece, though, very aware of what's going on in spain. two countries where the people here are saying enough to austerity and enough to cuts. for now, though, back to you. >>> flying drones helped uncover a large marijuana plantation in northeastern italy. the drones were recently used to monitor the stability of buildings after recent earthquakes there. they seized 182 plants during t
tens of thousands of people here to protest against the government's austerity measures. but it changed very quickly with the arrival of black dressed protesters carrying gas masks. they also had petrol bombs and engaged the riot police who let off canisters of tear gas. for now, at least, it looks like things have settled right back down. the key thing to remember is, though, this was scheduled to coincide with a voten parliament regarding the latest austerity cuts. that didn't happen today,...
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Sep 27, 2012
09/12
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CNBC
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to backstop the government with potentially buying of its bonds. herein lies the problem. this is a country that has tried austerity. it's not like greece that's been dragging its feet. lehoy has enacted over 60 billion euros' worth of reforms, over 2 1/2 years to 2014. and the problem is, those reforms are making things worse. it's that whole contradiction is austerity driving growth out of the country, or actually is it creating conditions for investors to get more confidence? and then you get the protests from the people on the street. i'm actually standing on the exact point just outside where parliament is barricaded. you can see behind me just right at that point where over the last two nights, we've seen police charges, plastic bullets being fired as well, protesters getting violent because they're getting very frustrated about the really tough economic conditions which they don't see anything getting better. but i do want to leave this here on a very positive note. and there is one positive thing going on. and that is exports, and that is c
to backstop the government with potentially buying of its bonds. herein lies the problem. this is a country that has tried austerity. it's not like greece that's been dragging its feet. lehoy has enacted over 60 billion euros' worth of reforms, over 2 1/2 years to 2014. and the problem is, those reforms are making things worse. it's that whole contradiction is austerity driving growth out of the country, or actually is it creating conditions for investors to get more confidence? and then you...
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Sep 26, 2012
09/12
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KPIX
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this the first general strike in greece since the country's coalition government was formed in june. protest is being turned violent as police blocked off all access to the parliament building thousands gathered to protest the new taxes. >>> airlines are making big bucks from baggage fees. domestic airlines collected more than $1.7 billion from baggage fees in the first half of this year alone. of some of since the fees started two weeks. in 2008. it's up with asian airline is offering a kid freestone on the board. at issue will keep all parts of the airplane fleet of young children 12 and under. some experts that is startling to work. a lot of backlash from angry parents. to you think it may be free quiet sewn on an airplane is a good idea? should >>> if you can get by without your morning cup of coffee he were not alone. a new survey finds many professionals feel more productive but work but when they drink coffee. food preparation and service workers top the list of those a caffeine use. the national coffee date is this saturday. we celebrate national coffee day every day of the w
this the first general strike in greece since the country's coalition government was formed in june. protest is being turned violent as police blocked off all access to the parliament building thousands gathered to protest the new taxes. >>> airlines are making big bucks from baggage fees. domestic airlines collected more than $1.7 billion from baggage fees in the first half of this year alone. of some of since the fees started two weeks. in 2008. it's up with asian airline is offering...
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Oct 1, 2012
10/12
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CNNW
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it's been 14 years of the same government. this government has already completed its cycle, and has nothing more to offer. they're only recycling promises. >> rafael romo is joining us from atlanta. good to see you. we understand there's a lot of colorful characters as a part of this campaign, but there was also violence over the weekend where you had people who were killed. what do we know about that? >> well, unfortunately, three campaign workers for opposition candidate enrique were shot on friday. all three of them died, unfortunately, and this speaks about the polarization of the campaign with both candidates launching accusations against each other, but at the same time since what we see here is that both candidates have fiercely loyal supporters who are willing to do apparently anything as we saw over the weekend. >> and what do we know about hugo chav sxez how he is doing in the race? >> it all depends who you ask. the reality is the polls in venezuela are notoriously unreliable. there are polls that give him 20 percen
it's been 14 years of the same government. this government has already completed its cycle, and has nothing more to offer. they're only recycling promises. >> rafael romo is joining us from atlanta. good to see you. we understand there's a lot of colorful characters as a part of this campaign, but there was also violence over the weekend where you had people who were killed. what do we know about that? >> well, unfortunately, three campaign workers for opposition candidate enrique...
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looking at pictures from the first major general strike and protest in greece since its new coalition government was formed this was reportedly organized by civil service and other public sector unions over fresh wage and pension cuts higher fuel taxes and planned job cuts for public workers there was some tear gas some arrests what we've really come to expect now. in spain as i was say you're looking at pictures now protests against what's tapped publicly popularly as austerity this is outside barricaded parliament in madrid walls banished government bond yields i should mention above six per cent so all of these demonstrations of dissent belie politicians solutions for the eurozone crisis which hinge on integration and more issues lend evidence to a mood of disintegration let me give you another example immigration not just the human capital flight out of say greece into another girl's own country with more opportunity for jobs i'm talking about immigration into the euro zone from other countries and continents facing conflicts of their own be the civil war or arab spring uprisings and greece
looking at pictures from the first major general strike and protest in greece since its new coalition government was formed this was reportedly organized by civil service and other public sector unions over fresh wage and pension cuts higher fuel taxes and planned job cuts for public workers there was some tear gas some arrests what we've really come to expect now. in spain as i was say you're looking at pictures now protests against what's tapped publicly popularly as austerity this is outside...
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popularly as austerity this is outside a barricade in parliament in madrid while spanish government bond yields i should mention broke above six per cent so all of these demonstrations of dissent belie politicians solutions for the eurozone crisis which hinge on integration and more issues lend evidence to a mood of disintegration let me give you another example immigration not just the human capital flight out of say greece into another girl's own country with more opportunity for jobs i'm talking about immigration into the euro zone from other countries and continents facing conflicts of their own be they civil war or arab spring uprisings and greece is again take a look at this the rise in a legal border crossings. into greece so in two thousand and eleven the number of people entering the e.u. illegally was up thirty five percent from the prior year that's according to the e.u.'s border control agency as reported by our next guest and forty percent of those came through greece now earlier i spoke with greek journalist matina with the dow jones of wall street journal she's been coveri
popularly as austerity this is outside a barricade in parliament in madrid while spanish government bond yields i should mention broke above six per cent so all of these demonstrations of dissent belie politicians solutions for the eurozone crisis which hinge on integration and more issues lend evidence to a mood of disintegration let me give you another example immigration not just the human capital flight out of say greece into another girl's own country with more opportunity for jobs i'm...
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Oct 2, 2012
10/12
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KCSM
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is this what the government parties were elected to do? >> the troika resumed their talks with greek officials today. within about 90 minutes, they had not exactly broken down but the troika told the finance ministry officials that the figures did not add up. they did not believe nearly 20% of the cuts were achievable. it went from the finance ministry to the meeting with the prime minister, samaris. this has, so far, followed a familiar pattern. >> what kind of response can be expect from the greek people? >> you'll start to see a step up in trade union protests, other protests, for a start. the power workers have said they will start rolling strikes of up to 48 hours very soon. >> thank you very much for that update. >> the ranks of the jobless continue to swell in europe as the economic crisis in -- crisis in the eurozone refuses to go away. the statistics show a record 11.4% of the work force is searching for a job. that is 18.2 million people. there is no relief in sight. >> workers in greece and spain have been hardest hit by the dee
is this what the government parties were elected to do? >> the troika resumed their talks with greek officials today. within about 90 minutes, they had not exactly broken down but the troika told the finance ministry officials that the figures did not add up. they did not believe nearly 20% of the cuts were achievable. it went from the finance ministry to the meeting with the prime minister, samaris. this has, so far, followed a familiar pattern. >> what kind of response can be...
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Sep 25, 2012
09/12
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FBC
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the idea that a government is apologizing for this video is lamentable. cheryl: isn't it true, but that is seen as a weakness when you apologize for anything. as an opponent and not an ally, the president said today. doesn't that weaken our foreign policy? >> pretty much, i think no one really fears the united states in that region. they have basically discounted the american president and he goes to the united nations and says that bashar al-assad -- he said that 13 months ago, he is still saying the same things about syria. we have done nothing about this eerie intensity and things are what they seem to us. cheryl: one thing he has done with the issue of syria, he has put hillary clinton as the face. mostly she is not going to be a secretary of state. do they know that in the muslim world? do they see her as a credible person? >> i'm glad that you took us there. secretary of state quinten stop in south africa and there was a scene of her cutting a rug on a dance floor in south africa. people look at this as ridiculous. secretary clinton has been running
the idea that a government is apologizing for this video is lamentable. cheryl: isn't it true, but that is seen as a weakness when you apologize for anything. as an opponent and not an ally, the president said today. doesn't that weaken our foreign policy? >> pretty much, i think no one really fears the united states in that region. they have basically discounted the american president and he goes to the united nations and says that bashar al-assad -- he said that 13 months ago, he is...
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Sep 28, 2012
09/12
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KTVU
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government. > > that wasn't a trade, that was an investment. because it went against you, you didn't have an exit plan. but, looking at the charts, i think aig is at its highest essentially for the year, whereas gm is finding a good, solid support base at $20. and i believe in america. i don't know about you. > > i believe in america as well, but america has no business using the stock market as a central bank policy tool. it sounds like you do. > > it makes money. > > bonus round, on that note: old money. the government has to reprint $500 million worth of currency each year because money has a short life span. on average, how long do you think a one-dollar bill will last? > > three to six months in my opinion. > > probably a little bit less than that, at least in my wallet it stays in a little bit less. > > because it gets folded up and stuffed way back inside your wallet. > > the answer is 18 months. thanks for being on the show. > > you're welcome. > > thank you. don't go anywhere. up next, a stock that looks like it's building a stairway t
government. > > that wasn't a trade, that was an investment. because it went against you, you didn't have an exit plan. but, looking at the charts, i think aig is at its highest essentially for the year, whereas gm is finding a good, solid support base at $20. and i believe in america. i don't know about you. > > i believe in america as well, but america has no business using the stock market as a central bank policy tool. it sounds like you do. > > it makes money. > >...
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Sep 27, 2012
09/12
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KCSM
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government spokesman says more than half the state has been inundated. water levels in the state's main river are continuing to rise. residents of lower-lying areas have been reinforcing in basements. a rescue operation is under way to move people to higher ground. >> onto sports now. in german soccer, as the country's top teams try to assert themselves early in the season, the reigning the champions are clearly in the spotlight. >> but they are hardly in top form. last night was a prime example when they battled against frankfurt. the match ended in a 3-all draw. >> the game could not have been more dramatic. dortmond took an early lead. frankfurt looked beaten, but quickly struck twice to claw their way back into the game. the first came from the 49th minute. just two minutes later, the equalizer. only three minutes later, dortmund still back the lead, but frankfurt were not about to admit defeat. anderson equalized to make the score 3-all. frankfurt maintain their unbeaten run, depriving the reigning champions of two runs. it is the second successive
government spokesman says more than half the state has been inundated. water levels in the state's main river are continuing to rise. residents of lower-lying areas have been reinforcing in basements. a rescue operation is under way to move people to higher ground. >> onto sports now. in german soccer, as the country's top teams try to assert themselves early in the season, the reigning the champions are clearly in the spotlight. >> but they are hardly in top form. last night was a...
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Sep 26, 2012
09/12
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KNTV
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lots of government services. this is what it looks like when you take that away. 50,000 people joined a union organized march in athens. violence broke out. there a general strike there as well. and we are hearing about tremendous violence. these pictures just very new to our newsroom this morning. 64 people were injured in a similar protest in madrid, spain. spain, greece, other countries are in serious debt. they're having trouble borrowing more money. because their interest rates are so high, no one will lend them money, at least not cheaply. that means something has to give. in this case, it's all the benefits the crowd got used to enjoying. curiously, germany, the most stable economy in europe, reported this morning it is having some trouble selling some its bonds. no doubt wall street will keep a careful watch on this situation. we'll continue with bertha coombs live at cnbc world headquarters. good morning, bertha. >> good morning, scott. yeah, basically that general strike called in greece ahead of what
lots of government services. this is what it looks like when you take that away. 50,000 people joined a union organized march in athens. violence broke out. there a general strike there as well. and we are hearing about tremendous violence. these pictures just very new to our newsroom this morning. 64 people were injured in a similar protest in madrid, spain. spain, greece, other countries are in serious debt. they're having trouble borrowing more money. because their interest rates are so...
SFGTV2: San Francisco Government Television
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Sep 29, 2012
09/12
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SFGTV2
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the real key to that is going to be a local and state government. hopefully the mayor in denver and myself in colorado focusing on how do we create the conditions? we can have brilliant vendors but they can sit on a shelf. you can have all the capital without the right idea -- but without the right idea, how does it improve? the magic there is entrepreneurship. when i was a geologist, i could not find a job and after a while we opened -- i stole the idea from berkeley. we werein the first bgrerew pub. that focus of necessity -- we had to do something different. we took it and adapted it. i think that on a much larger scale, we need to find entrepreneurs, people that are willing to put their hearts and souls into that idea, that invention. make sure they have access to capital, and appropriately trained work force, and there is -- government gets out of the way. we need a proper regulation. we have to have it if you are talking about fracking. at that same time, the government has to be a supporter and in every way possible have to limit the burden o
the real key to that is going to be a local and state government. hopefully the mayor in denver and myself in colorado focusing on how do we create the conditions? we can have brilliant vendors but they can sit on a shelf. you can have all the capital without the right idea -- but without the right idea, how does it improve? the magic there is entrepreneurship. when i was a geologist, i could not find a job and after a while we opened -- i stole the idea from berkeley. we werein the first...
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retain your own currency and then to begin creating credit as governments can do and then to begin using that credit to invest in real enterprises which will produce real goods which will. in turn produce revenues which will in turn produce social services a year ago and glenn marko famously sat either you're a famous you have to win the thing you do still see that's coming it's too early to tell and of course everyone likes to ask this question it's a good question it's an important question but it depends just how much germany is willing to put into saving the euro project. increasingly it seems as though they're willing to invest a lot in order to save the euro project so i wouldn't bet on its demise in the short term but it's difficult to say of course what the future will bring us back in the euro zone survive though we can record these on board for example greece. you know this question is a very complicated one and in the euro zone one in the european union we need to think about what its purpose is. if its purpose is to have economic integration. it would be a very very big blow
retain your own currency and then to begin creating credit as governments can do and then to begin using that credit to invest in real enterprises which will produce real goods which will. in turn produce revenues which will in turn produce social services a year ago and glenn marko famously sat either you're a famous you have to win the thing you do still see that's coming it's too early to tell and of course everyone likes to ask this question it's a good question it's an important question...
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Sep 30, 2012
09/12
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CSPAN
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my question is on the quota for governance reform. he said that the numbers needed for the reform, you still needed more, at least 2% of the codes to get that part down. to some degree that is largely dependent on the united states. what is the confidence level that you have the you will see the completion of this reform before the end of the meeting this october? thank you. >> it is not just the united states. clearly, there are others, including the g-20 countries, which have rectified the reform of 2010. it is not a u.s.-centric issue. the u.s. has a sizable quota and is my largest shareholder, if you will. but this afternoon in that camp i certainly hope that the european authorities at large, including congress, will appreciate how needed u.s. leadership is and how needed the imf rule is going to be needed going forward. not to promote crises around the world, but it is the indirect consequences of those remote crises, including on the u.s. economy. if there is something worth learning, it is the interdependence of them. >> how c
my question is on the quota for governance reform. he said that the numbers needed for the reform, you still needed more, at least 2% of the codes to get that part down. to some degree that is largely dependent on the united states. what is the confidence level that you have the you will see the completion of this reform before the end of the meeting this october? thank you. >> it is not just the united states. clearly, there are others, including the g-20 countries, which have rectified...
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Sep 28, 2012
09/12
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KCSM
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the palestinian government should do something for us. palestinians are weary and have no real opportunities. and the territories depend on international aid. their own economy is stifled by israeli sanctions, and there is little chance of growth. the lack of political progress frustrates palestinians. hopes were dashed last september when the united nations refused to give them full statehood. >> we are trying to bring hope that, trying to tell our people that the dream to have a palestinian state is still possible, and that is why we are going to the united nations. hopefully, once our people see that there is a result, hope will come out. >> positive results are something the palestinian citizens have given up expecting. >> they always go and talk. but whether they talk or do not talk, we do not see any change here. >> i do not know. >> our economy is dead because we are strangled by the israelis. they do whatever they want. if we could gain statehood, the situation would be different. >> the palestinians want the united nations to und
the palestinian government should do something for us. palestinians are weary and have no real opportunities. and the territories depend on international aid. their own economy is stifled by israeli sanctions, and there is little chance of growth. the lack of political progress frustrates palestinians. hopes were dashed last september when the united nations refused to give them full statehood. >> we are trying to bring hope that, trying to tell our people that the dream to have a...
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Sep 27, 2012
09/12
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we have a bind for the government. you've got a recession already, you've got 25% unemployment, you've got a housing crisis which means prices have fallen at least 25% and could fall again. the remedy for the markets is to have more austerity. it's what they have to do to gain the confidence of the markets, to gain the confidence of northern european markets and paymasters, i.e., the germans so they can get the bailout if and when they ask for it on a sovereignty basis. they're trying to preempt conditionality by having extreme austerity. we're talking about possibly getting cuts as much as 30% in agriculture, public works and infrastructure. across the board, and there are real concerns that far from being the remedy this could entrench the recession and make it harder for this country to pull itself out of the mire because there are a lot of things that government doesn't control. it doesn't control the regional budgets of places such as a andalucia and catalonia and the other. of course we had a banking sector crisi
we have a bind for the government. you've got a recession already, you've got 25% unemployment, you've got a housing crisis which means prices have fallen at least 25% and could fall again. the remedy for the markets is to have more austerity. it's what they have to do to gain the confidence of the markets, to gain the confidence of northern european markets and paymasters, i.e., the germans so they can get the bailout if and when they ask for it on a sovereignty basis. they're trying to...
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Sep 27, 2012
09/12
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they were protesting the government's decision to cut spending by 12 billion euro. the spending cut is required for getting financial aide from the european union and the international monetary fund. protesters throwing fire bombs and stones clashed with police. they all set fire to stores. workers at schools and public transport authorities joined the strikes. tourism sites were closed. it was the first general strike since the current administration took power in june. >>> stock prices around the world are headed lower on wednesday. investors continue to threat over the situation in europe. and for more, we're joined by our business reporter at the tokyo stock exchange. how are japanese stocks kicking off this morning? >> the nikkei fell below 9,000 on wednesday hitting a two-week low and it is moving below that level. it's now heading -- trading below 8,900. let's look at the levels. the nikkei is $8864 down half a 1%. and topix down half of1%. now at 739. the dow jones finished at 13,413 down about a third of 1% and the nasdaq at 3093 dollars. those declines hav
they were protesting the government's decision to cut spending by 12 billion euro. the spending cut is required for getting financial aide from the european union and the international monetary fund. protesters throwing fire bombs and stones clashed with police. they all set fire to stores. workers at schools and public transport authorities joined the strikes. tourism sites were closed. it was the first general strike since the current administration took power in june. >>> stock...
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Sep 26, 2012
09/12
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government is not responsible for the actions of individual citizens. president has made it quite clear that while the speech itself is offensive and the president has condemned the content of the speech, this exists within our democratic system here in the united states. president morsi needs to make these comments to assuage the feelings of some citizens back in egypt, but i don't think this will have any material impact on u.s.-egyptian relations. >> the pakistani taliban says they are grant amnesty to a cabinet minister who is offering a $100,000 reward who kills the maker of the anti-islamic film that sparked violent protests across the muslim world. the taliban are reported to have taken the minister of their hit list, saying his views represent the true spirit of islam. up the accord for -- would cover security but is not a comprehensive deal as had been hoped. on the streets of greece, there have been violent clashes between police and demonstrators during a day of strikes. the action was called to protect against massive new cuts in government
government is not responsible for the actions of individual citizens. president has made it quite clear that while the speech itself is offensive and the president has condemned the content of the speech, this exists within our democratic system here in the united states. president morsi needs to make these comments to assuage the feelings of some citizens back in egypt, but i don't think this will have any material impact on u.s.-egyptian relations. >> the pakistani taliban says they are...
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Sep 30, 2012
09/12
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FBC
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victoria says low downpayments aren't as risky as more government medaling. vicky, explain the flip side. >> this medaling is nonsensical. they want to say you hav to over 10% on a downpayment when the national average is a little over 12%. so all you're going to do is hurt banks and borrowers, borrowers who are great borrowers, right? these are people with high credit. really nice incomes. people who banks say, well, yeah, they should get lower than the average of 12%. so it's nonsensical in that it doesn't touch most of the market. you're just hurting good borrowers. >> david: mark, is it good or bad to have the government getting in here? >> i think it's good. i don't think we've learned our lesson here. look what happened to the great meltdown in the last several years. there was lots of speculation, lots of people who were poorly qualified, could not pay the mortgages, and we ended up making mortgages to poor credits, and we bundled this and sold this in the secondary markets where there was even more speculation. when are we going to learn there needs t
victoria says low downpayments aren't as risky as more government medaling. vicky, explain the flip side. >> this medaling is nonsensical. they want to say you hav to over 10% on a downpayment when the national average is a little over 12%. so all you're going to do is hurt banks and borrowers, borrowers who are great borrowers, right? these are people with high credit. really nice incomes. people who banks say, well, yeah, they should get lower than the average of 12%. so it's...
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Sep 28, 2012
09/12
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he's also seek government enter session. mervyn king says he welcomes the proposals and wants prompt implementation. simon, welcome. these libor reforms, do they go far enough? >> there are a number of suggests which deal with the fact that there is a market benchmark and therefore there is a limit to how wide they will be involved in the process. so people might look at this and say we wanted to see the criminal sanctions, that was not the scope of this review. if there is one area where i'd be disappointed with the conclusions, it's that it hasn't been more aggression. if you're benefiting from libor as a rate, should you be contributing to it. although wheatley has asked for the fsa to have the power in the future to enforce consume poll more aggressive. >> it was the rate at which banks wouldn't rate to each other. is it going to retain after the scandal, as relevant as it was before? >> there is the traditional role of lie brother bor as the lendi. it's possible that it will be replaced by secured. but it's also incredi
he's also seek government enter session. mervyn king says he welcomes the proposals and wants prompt implementation. simon, welcome. these libor reforms, do they go far enough? >> there are a number of suggests which deal with the fact that there is a market benchmark and therefore there is a limit to how wide they will be involved in the process. so people might look at this and say we wanted to see the criminal sanctions, that was not the scope of this review. if there is one area where...
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Sep 26, 2012
09/12
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about the iranian government pursuit of nuclear arms. take a listen to what the president had to say. >> iranian government continues to prop up a dictator in damascus and support terrorist groups abroad. time and again it failed to take the opportunity to demonstrate its nuclear program is peacel and meet the obligations to the united nations. america wants to resolve the issue through diplomacy. we believe there is time and space to do so. melissa: does this help the president persuade the world that he is tough on terror? let's talk with someone who definitely is, new york city mayor rudy giuliani. what do you think of that? >> i thought president obama pursue basically failed policy from the day he got into office. he was telling us that four years ago we were going to pursue diplomacy. in that four years iran enriched-uranium three times more than when president obama came into office. they're on the verge of becoming a nuclear power. the president pointed out they're the biggest sponsor of terrorism in the world. what happens when
about the iranian government pursuit of nuclear arms. take a listen to what the president had to say. >> iranian government continues to prop up a dictator in damascus and support terrorist groups abroad. time and again it failed to take the opportunity to demonstrate its nuclear program is peacel and meet the obligations to the united nations. america wants to resolve the issue through diplomacy. we believe there is time and space to do so. melissa: does this help the president persuade...
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offer us some ideas this is not an ideology just some ideas to bring some sense of purpose into the government's cultural policies and to get national priorities right. that is correct. you went to the film academy where you majored in scriptwriting apparently you had no intention of being a priest what brought you to the church how did it all happen. this is a private but i will tell you you have a very unusual story. well in fact we did me seem unusual to you. it is very common for my generation of clergymen those who are aged between forty five and fifty five like myself. families who are not part of the church. were actually atheists. we were in the young communist league. yes we were indeed in the young communist league we were an entirely lost generation. some of our grandparents were religious but our periods were almost entirely. i was in exactly the same situation as the rest of my peers i knew or thought i would be a priest one day. when i went to college i was an atheist member of the young communist league. and then it just dawned on me one day that all the people i respected everybo
offer us some ideas this is not an ideology just some ideas to bring some sense of purpose into the government's cultural policies and to get national priorities right. that is correct. you went to the film academy where you majored in scriptwriting apparently you had no intention of being a priest what brought you to the church how did it all happen. this is a private but i will tell you you have a very unusual story. well in fact we did me seem unusual to you. it is very common for my...
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Sep 26, 2012
09/12
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. >>> americans have repeatedly said that a dealer rally in government must change. changes behavior. sure but after all the what does that mean? him one country based on their own solo opinion the side and establish a road on for another country and then threaten attacks. >>> occupancy more of the interview at cbs this morning was charlie rose. shall. >>> is the first general strike in greece since the country's coalition government was formed in june. born this way. the white lady that the strip down on her bedside. >>> up in the anti. lawrence and launches a new book that features and price tag. >>> the fight that spilled into the street. it was all caught on camera. ,,,,,,,, a lot of people name their cars. mine should be sporty. maybe i'll give mine a name. something hot. ya know, i could name it the dragon, or the green machine. oh! i'm british racing green, actually. just to show i appreciate all...uh, turtle does. turtle? turtle gets me to work, to school... no, no, i'm a cool car. so i always fill up with chevron with techron. oh. well in that case, yeah, i
. >>> americans have repeatedly said that a dealer rally in government must change. changes behavior. sure but after all the what does that mean? him one country based on their own solo opinion the side and establish a road on for another country and then threaten attacks. >>> occupancy more of the interview at cbs this morning was charlie rose. shall. >>> is the first general strike in greece since the country's coalition government was formed in june. born this way....
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Sep 27, 2012
09/12
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and governance. it's the political system that often has not supplied the needed governance. >> rose: you believe that your proudest accomplishment is that "italy is no longer risking igniting a debt crisis." >> this, obviously, would not have been the case last november when we came in, and i think it's pretty important for italy, of course, but, also, for the whole of the euro zone, the whole of europe, and the global economy that a country which is the third largest country in the-- the third largest economy in the euro zone has not added the weight to the series of local fires that have been happening. i believe that, also, the huge interest shown, for example, from this side of the atlantic, vis-a-vis italian developments can only be explained because of the risk that was attached to italy being derailed, and the hope that we have been putting italy back on the rails safely. >> rose: i would think that the most difficult thing for most governments, if you believe there was a need for austerity,
and governance. it's the political system that often has not supplied the needed governance. >> rose: you believe that your proudest accomplishment is that "italy is no longer risking igniting a debt crisis." >> this, obviously, would not have been the case last november when we came in, and i think it's pretty important for italy, of course, but, also, for the whole of the euro zone, the whole of europe, and the global economy that a country which is the third largest...
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what the so what the fed and the government actually put the fed is trying to do is if it is trying to take businesses who rely on. or free money more risk free money to basically stay in business have to be failed a lot of people would like you know the mantra of the line that was given by. the chairman bernanke was that he is buying forty billion dollars a month with the growth of mortgage backed securities to boost employment which is absolute total absolute nonsense unless the forty what twenty five million mortgage backed security traders are going to get their jobs back. you know there's really no sense in trying to make a linkage between buying mortgage backed securities and boosting employment what he's doing is he's not so back to a bailout of the banks and he's bailing out the banks because the banks are most likely running into the could of the issues with mortgage backed securities a good example would be the fact that bear stearns j.p. morgan. purchase is getting sued for its fraud on mortgage backed securities and lo and behold what does chairman bernanke you do before
what the so what the fed and the government actually put the fed is trying to do is if it is trying to take businesses who rely on. or free money more risk free money to basically stay in business have to be failed a lot of people would like you know the mantra of the line that was given by. the chairman bernanke was that he is buying forty billion dollars a month with the growth of mortgage backed securities to boost employment which is absolute total absolute nonsense unless the forty what...
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Oct 2, 2012
10/12
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the whole fellow government wanted jp morgan to buy bear stearns as part of the federal government to avoid a melt down and now they are coming back and suing jp morgan. is this a crude ploy or a popular thing? >> this committee that he sent up to fine banks to cause the melt down, is the first part if you will. their evidence came out and they testified in 2010. they had this information for years. he has been able to use the last two years of the stuff. >> the martin act which hardly ever works. >> eliot spitzer lost every single thing. there is nothing worse than eliot spitzer. where does he come off? >> here is jp morgan stepping up to the plate and they buy bear sterns and the whole mortgage portfolio that they had. where do they come off suing jp morgan? >> if you want to go after the dumb trades go after the individuals in bear sterns? why sue the whole individuals of bear morgan? >> it is going to go well beyond what is happening right now. obama doesn't care. i think he is coming out looking very bad, larry. >> i want to get a quick take before we bring the members in here. t
the whole fellow government wanted jp morgan to buy bear stearns as part of the federal government to avoid a melt down and now they are coming back and suing jp morgan. is this a crude ploy or a popular thing? >> this committee that he sent up to fine banks to cause the melt down, is the first part if you will. their evidence came out and they testified in 2010. they had this information for years. he has been able to use the last two years of the stuff. >> the martin act which...
WHUT (Howard University Television)
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Sep 25, 2012
09/12
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WHUT
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we are not being allowed by the government to go inside to see for ourselves. we decided to go to a northern suburb i visited on every recent trip. i was stopped by soldiers. we get off to a good start. how is the situation? one man says it is fine. they say we cannot go any further bowie can talk to people right here. watch the man in the striped shirt. he is a soldier. he has put down his gun and has raced ahead of us. by the time i greet the shopkeeper, he has filled a bag of bananas. posing as a customer. there is no chance at this shop keeper can speak freely. silence everyone. the moscow announces funerals today after violence the day before -- the mosque announces funerals today after violence the day before. helicopters came yesterday and opened fire he said. "we are begging them to stop." i asked the government about indiscriminate bombing of civilian areas. >> in many of these areas, civilians have fled because terrorists have attacked them and taken over their houses been paying >> we asked repeatedly to go and see these areas for ourselves but were
we are not being allowed by the government to go inside to see for ourselves. we decided to go to a northern suburb i visited on every recent trip. i was stopped by soldiers. we get off to a good start. how is the situation? one man says it is fine. they say we cannot go any further bowie can talk to people right here. watch the man in the striped shirt. he is a soldier. he has put down his gun and has raced ahead of us. by the time i greet the shopkeeper, he has filled a bag of bananas. posing...
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where giant companies could be owing their success to some powerful backers inside the government. plus a recent independent report reveals uncomfortable truths about washington's drone strike campaign in pakistan. was. i was in the middle of russia's no way from civilization and in a three hour helicopter trip from the nearest village. they still one family have been living here for a long time in tents made of reindeer skins. look . lodging runs in ada signal and minutes they also grew up in the to draw but left it at the age of six and never returned they now live in the city in apartment building but still room and their regions. how was planted here as a dancing teacher. was. still his tenses he tells the stories about his motherland. laws in europe to now has a one thousand strong rangy had when the enemy only saw the light can and most around it is gather the tens and move to another pole sure they travel hundreds of kilometers in winter we men and children for them. but the two families have less of a chance to come across each other they belong to different worlds in the n
where giant companies could be owing their success to some powerful backers inside the government. plus a recent independent report reveals uncomfortable truths about washington's drone strike campaign in pakistan. was. i was in the middle of russia's no way from civilization and in a three hour helicopter trip from the nearest village. they still one family have been living here for a long time in tents made of reindeer skins. look . lodging runs in ada signal and minutes they also grew up in...